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Echobit Earn FAQ

Updated
  1. What Is Echobit Earn?
Echobit Earn is a digital asset yield service that allows users to subscribe to eligible digital assets, including BTC, ETH, and USDT, to designated Earn products and earn returns according to the applicable product rules. Echobit currently provides Flexible Earn and Fixed Earn products.
 
  1. Which Assets Are Supported by Echobit Earn?
Echobit currently supports:
  • BTC
  • ETH
  • USDT
Additional digital assets and Earn products may be introduced subject to market conditions and product operations. Please refer to the Earn page for the assets currently available for subscription.
 
  1. What Types of Earn Products Does Echobit Offer?
Echobit currently offers two main types of Earn products:
Flexible Earn
Users can subscribe to and redeem assets according to the applicable product rules, benefiting from relatively high asset flexibility.
Fixed Earn
Users select a specific term upon subscription. The assets are locked for the applicable term and returns are calculated according to the product rules.
 
  1. Can the APR Change?
Yes.
The APR of Echobit Earn products may be adjusted subject to market conditions and product operations.
In the event of an APR adjustment, the latest product information published by Echobit shall prevail.
Therefore, if the APR you viewed previously differs from the APR shown at the time of subscription, please refer to the APR displayed on the subscription page.
 
  1. When Does Flexible Earn Start Accruing Interest?
Under the current service rules, Flexible Earn generally starts accruing interest at 08:00 UTC+8 on the day after subscription.
Each interest calculation cycle runs from 08:00 UTC+8 each day to 08:00 UTC+8 the following day.
You must hold through the subscribed assets to the end of the applicable interest cycle to receive the corresponding earnings.
Please refer to the product page for the latest interest calculation rules.
 
  1. Can Flexible Earn Be Redeemed at Any Time?
Flexible Earn may be redeemed according to the applicable product rules. However, if you initiate a withdrawal or redemption prior to the end of the current interest calculation cycle, you may not earn earnings for that cycle.
Before redeeming, please check the current product's interest calculation cycle and redemption rules.
 
  1. Can Fixed Earn Be Redeemed Early?
Whether early redemption is supported shall be subject to the specific product rules.
  • Products that support early redemption: You can request redemption in accordance with the rules displayed on the product page. Early redemption may cause partial or total loss of accrued earnings.
  • Products that do not support early redemption: You need to hold the product until maturity and comply with the applicable maturity rules.
Before subscribing, carefully review the lock-up period, early redemption rules, and related earnings treatment displayed on the product page. The latest product rules apply.
 
  1. What Happens When a Fixed Earn Product Matures?
When a Fixed Earn product reaches maturity, it will be automatically redeemed, and the principal and applicable maturity earnings will be credited back to your Spot Account.
The specific maturity and fund handling rules differ across products. Please refer to the latest information displayed on the respective product page.
 
  1. Are Echobit Earn Products Principal-Protected?
No.
Echobit Earn products are not principal-protected products. Users bear risks associated with digital assets and the relevant Earn products.
The APR does not represent actual or guaranteed returns.
Users shall take into account their own risk tolerance, asset situation, and intended use of funds when deciding whether to participate in Earn products.
 
  1. Why Is My Actual Return Different From the Displayed APR?
Possible reasons include:
  • Different actual holding periods;
  • Adjustments to the product APR;
  • subscription or redemption times;
  • Product‑specific interest calculation rules;
  • Differences caused by system calculations and rounding.
Therefore, the APR displayed on the product page is primarily used to show the current annualized rate. Actual earnings are subject to the final interest calculation.
 
  1. What Is the Minimum Amount Required to Subscribe?
Minimum subscription amount varies by asset and product.
Current minimum subscription amounts for selected products include:
Asset Minimum Subscription
BTC 0.001 BTC
ETH 0.01 ETH
USDT 1 USDT
Different products may have different minimum subscription requirements. Please refer to the current information displayed on the Earn page.
 
  1. Why Does the Same Asset Have Different APRs?
A single digital asset may have different Earn products with different terms or product types.
For example, USDT can be used in Fixed Earn products with different terms, and different lock-up periods may have different APRs.
When evaluating a product, you should consider:
  • APR;
  • Lock-up period;
  • Minimum subscription amount;
  • Early‑redemption eligibility;
  • Earnings calculation and payout rules.
     
  1. Will the Current APR Remain Unchanged?
Not necessarily.
The APR, product term, available subscription amount, and other product parameters may be adjusted based on market conditions and product operations.
Therefore, historical product information does not represent future product terms.
Please refer to the latest information displayed on the Echobit Earn page when subscribing.
 
  1. Can My Earn Assets Be Used for Other Trading Activities?
Assets subscribed to an Earn product are managed according to the applicable product rules.
Fixed Earn assets are generally unavailable for other trading activities or withdrawals during the lock-up period. Flexible Earn assets must be handled according to the applicable subscription, interest calculation, and redemption rules.
If you need to use the relevant assets for Spot, Futures, or other trading activities, please first confirm whether the assets are available for use.
 
  1. How Will Echobit Use My Earn Assets?
According to the Echobit Earn Service Agreement, Echobit may pool and manage users' subscribed digital assets and, depending on the applicable service arrangements, use them for platform operations, such as providing loans to other Echobit customers or participating in on-chain staking under controlled conditions.
Therefore, Earn products involve corresponding market, technical, liquidity, and third-party service risks.
 
  1. Are There Any Risks Associated With Earn Products?
Yes.
Earn products are not risk-free and may involve:
  • Digital asset price volatility;
  • Changes in product returns;
  • Lock-up and liquidity risks;
  • Early redemption restrictions;
  • Technical and system risks;
  • Market risks;
  • Risks related to third-party protocols or on-chain services.
Users should understand the product rules before subscribing and make decisions based on their own circumstances.
 
  1. What Should I Consider If I Am Not Sure Whether to Choose Flexible or Fixed Earn?
You can consider your intended use of the assets:
If you may need to use your assets at any time: Review the interest calculation and redemption rules of Flexible Earn products.
If you plan to hold your assets for a specific period: Review the different terms, APRs, and lock-up rules of Fixed Earn products.
Before making a decision, consider asset liquidity, lock-up period, APR, and your own risk tolerance, rather than focusing only on the highest APR.
 
  1. Where Can I Find the Latest Earn Product Information?
Log in to Echobit and go to the Earn page to view the Earn products currently available.
The product page may display information including:
  • Supported assets;
  • APR;
  • Product term;
  • Minimum subscription amount;
  • Subscription availability;
  • Interest calculation rules;
  • Redemption rules;
  • Other product information.
Information displayed on the Earn page may change as products are adjusted. Please refer to the latest information displayed on the page when subscribing.
 
  1. What Should I Know Before Using Echobit Earn?
Before subscribing, we recommend checking:
  • Current APR;
  • Product type: Flexible or Fixed;
  • Product term;
  • Minimum subscription amount;
  • Interest start time;
  • Redemption rules;
  • Whether a lock-up period applies;
  • Whether early redemption is supported;
  • Whether early redemption affects earnings;
  • Relevant product risks.
Digital asset Earn products involve the risk of loss of principal. APR is an annualized rate displayed for reference and does not represent actual or guaranteed returns.
 

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